In an exhilarating journey from submission to triumph, Zurich Insurance Group proudly presents the 12 victorious projects of the 2023 Zurich Innovation Championship. These pioneering initiatives have navigated a rigorous four-month accelerator program and are now poised for local implementation, with one exceptional concept slated for a global launch.
During a recent Innovation Demo Day hosted at Zurich’s headquarters, the winning startups took the stage, supported by esteemed executive judges representing five distinct program categories. Explore the innovations shaping the future of insurance and beyond.
Zurich kicked off the fourth edition of its global startup program, the Zurich Innovation Championship, in January 2023. In May 2023, it announced this year’s winners from more than 3,500 submissions. The winners then entered a four-month accelerator during which they worked on testing the practical viability of their initiatives and preparing a business plan together with the Zurich business units that selected them. All the initiatives are now preparing for local roll-out, with the potential to be scaled globally. In the case of Paris-based startup Citalid, it is already ramping up to integrate its cyber risk quantification platform as part of a new global service of Zurich Resilience Solutions.
Joel Agard, Head of Innovation at Zurich Insurance Group and Zurich Innovation Championship co-lead, said:
“True innovation requires relentless determination to turn challenges into growth opportunities. The Zurich Innovation Championship embodies this, and I’m thrilled to see the 12 winning initiatives. They’re stepping stones towards the future of insurance.”
Antony Elliott, Head of Digital R&D at Zurich Insurance Group and Zurich Innovation Championship co-lead, added:
“The Zurich Innovation Championship is a transformative learning experience for both the startups and Zurich alike. By combining the expertise of our business unit teams with innovative, tech-savvy startups, I believe we have built 12 initiatives that really have the potential to shake things up in the industry.”
Altogether, more than 45 collaborations are ongoing globally with previous winners and participants from the four editions of the Zurich Innovation Championship, including some that have started to be rolled out globally.
The next edition of the Zurich Innovation Championship is due to launch in late January 2024.
The winning initiatives 2023 are:
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